The Employees’ Provident Fund (EPF) is one of the most reliable long-term savings schemes for salaried individuals in India. Managed by the Employees’ Provident Fund Organisation (EPFO), this fund ...
EPF and EDLI contributions are not mandatory for employees earning more than Rs 15,000. However, they can join EPF and ELDI ...
For instance, an employee earning Rs 25,000 a month currently contributes Rs 1,800 to EPF (12 per cent of Rs 15,000). If the ceiling rises to Rs 25,000, the monthly contribution would jump to Rs 3,000 ...
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